Thailand’s economy can withstand another round of stringent lockdown measures because of the remaining ammunition in the fiscal 2021 budget, says the Finance Ministry.
For the fiscal 2021 budget, the government has an expenditure budget of 3.284 trillion baht, with a budget deficit of 623 billion, said Krisada Chinavicharana, the finance permanent secretary.
The leftover sum of the 1-trillion-baht emergency loan decree stands at 600 billion, while the combined investment budget of state-owned enterprises totals 300 billion, said Mr Krisada.
“The remaining amount can still take care of the economy if we can control the outbreak,” he…
